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Tuesday, 05/08/2025 10:11

PVI Insurance: Building Brand Leadership through Strength, Trust and Innovation

For the second consecutive year, PVI Insurance has been ranked No.1 in the “Top 10 Most Reputable Non-Life Insurance Companies in Vietnam 2025” by Vietnam Report in collaboration with VietnamNet. PVI has consistently been listed among the Top 10 since the ranking’s inception in 2016.

Ms. Nguyễn Vũ Tâm – Deputy CEO of PVI Insurance receiving the award

A Strong Foundation Aligned with Trusted Standards

The award recognizes companies with outstanding business performance, robust governance, and significant contributions to the economy. Evaluations are based on three core criteria: business results, financial strength and governance, as well as media reputation and market perception. These strengths were reflected in PVI Insurance’s H1 2025 performance, with total revenue up 34.6% and pre-tax profit growing by 37.6%.

Alongside impressive revenue growth in both primary and reinsurance segments, PVI maintained strong profitability through an optimized business structure, expansion of distribution channels, and efficient cost control. PVI also continues to enhance service quality by applying AI to policy issuance and claims management, while scaling its digital sales platforms to improve revenue and strengthen its market presence.

In terms of corporate governance, PVI Insurance has maintained its A- (Excellent) Financial Strength Rating from international rating agency AM Best for three consecutive years. This rating affirms not only PVI’s stable financial capacity but also its commitment to transparency and adherence to international standards—key metrics in today’s insurance and financial sectors.

Digital Transformation: A Catalyst for Growth and Inclusive Insurance Access

A remarkable 82% surge in digital channel revenue in the first half of 2025, along with the integration of AI in operations, demonstrates PVI’s leadership in digital transformation. These advancements contribute significantly to the company’s brand strength and customer experience.

As the market shifts toward digital platforms, PVI has also enhanced digital solutions for social insurance collection, reaching over VND 1,650 billion in premium collections—up 56% YoY. This initiative not only improves service accessibility through user-friendly technology, but also underlines PVI’s role in advancing social welfare and expanding insurance access to more diverse customer segments.

Ms. Nguyễn Vũ Tâm, Deputy CEO of PVI Insurance, shared: “With the ambition to become a leading insurer in the region, PVI Insurance continues to leverage AI and digital technology to elevate customer experience, ensure transparent governance, and pursue sustainable development and ESG goals.”

Top 10 Most Reputable Insurance Companies in Vietnam 2025

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